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The Future Of Solar Energy In India
Siliconindia - India Edition
|March 2021
He is a dynamic business leader who strongly believes in reversing the economic and environmental implications of today’s energy scenario by strengthening India’s solar energy sector.
Solar is the cleanest & cheapest form of energy today in the world. Solar-powered photovoltaic panels convert sun's rays into electricity. This electricity is converted with an inverter and can power homes and businesses alike.
SOLAR IN INDIA
With more than 300 sunny days a year, India has always been considered as a high potential country for solar energy generation. As per the data released by the Central Electricity Authority, solar-generated electricity accounted for 50.1 billion units (BU) in FY 201920. This shows a growth of 28% year-over-year compared to the FY 2018-19. India’s cumulative solar rooftop installations reached about 4.4 gigawatts (GW) at the end of 2019, according to a recent report by Mercom India. The Indian rooftop solar market is expected to grow at 25% from 2020 to 2025.
BENEFITS OF SOLAR
This story is from the March 2021 edition of Siliconindia - India Edition.
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